More Questions on Indian Economy
- Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)October 2004
C)November 2004
D)January 2004
Answer: November 2004
- Q. In Global Hunger Index (GHI) India has been ranked at:
A)102nd place among 117 developing countries
B)105th place among 117 developing countries
C)96th place among 119 developing countries
D)109th place among 117 developing countries
Answer: 102nd place among 117 developing countries
- Q. The budget deficit means
A)difference between revenue receipts and revenue expenditure
B)difference between all receipts and all the expenditure
C)the excess of total expenditure, including loans, net of lending over revenue receipts
D)fiscal deficit less interest payments
Answer: difference between all receipts and all the expenditure
- Q. Excise duty is a tax levied on the
A)export of goods
B)production of goods
C)import of goods
D)sale of goods
Answer: production of goods
- Q. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:
A)Statutory Liquidity Ratio (SLR)
B)Cash Reserve Ratio (CRR)
C)Bank rate
D)Mandatory deposit
Answer: Cash Reserve Ratio (CRR)
- Q. The currency convertibility concept in its original form originated in
A)Bretton Woods Agreement
B)Taylors Agreement
C)Wells Agreement
D)None of the above
Answer: Bretton Woods Agreement
- Q. Subsidies mean
A)payment made by business enterprises to factors of production
B)payment by government for purchase of goods and services
C)payment made by companies to shareholders
D)payment made by the government to business enterprises, without buying any goods and services
Answer: payment made by the government to business enterprises, without buying any goods and services
- Q. Securities and Exchange Board of India (SEBI) was established on:
A)July 12, 1982
B)July 9, 1988
C)April 12, 1988
D)July 5, 1995
Answer: April 12, 1988
- Q. The share of road transport in total transportation of the country is:
A)70%
B)60%
C)75%
D)80%
Answer: 80%
- Q. The Ex-Officio Secretary of National Development Council is:
A)General Secretary of Lok Sabha
B)Secretary of Finance Ministry
C)Secretary of Planning Commission
D)Vice Chairman of Planning Commission
Answer: Secretary of Planning Commission
- Q. The condition of indirect taxes in the country’s revenue is approximately
A)75 percent
B)80 percent
C)70 percent
D)86 percent
Answer: 86 percent
- Q. States earn maximum revenue through
A)custom revenue
B)commercial taxes
C)land revenue
D)excise duties on intoxicants
Answer: commercial taxes
- Q. Finance Commission is constituted after every:
A)5 years
B)6 years
C)3 years
D)4 years
Answer: 5 years
- Q. Who gave the call for Evergreen Revolution?
A)Verghese Kurien
B)M. S. Swaminathan
C)Tribhuvandas Patel
D)H. M. Dalaya
Answer: M. S. Swaminathan
- Q. Government has merged Annapurna Scheme with:
A)Ujjwala
B)IRDP
C)National Old Age Pension Scheme
D)None of these
Answer: National Old Age Pension Scheme
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To make Sangam region of Allahabad more attractive for tourists
C)To increase the welfare of the disabled
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
A)II, III
B)I, II, III
C)I, III
D)I, II
Answer: I, II
- Q. The ARDC is now a branch of the
A)NABARD
B)IDBI
C)RBI
D)SDBI
Answer: NABARD
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Peter A. Payer.
C)Jagdish bhagwati
D)None of these
Answer: Peter A. Payer.
- Q. The co-operative credit societies have a
A)three-tier structure
B)four-tier structure
C)two-tier structure
D)five-tier structure
Answer: three-tier structure
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